CMI Q4 2023 Earnings — Cummins Inc. Revenue & Financial Results | Market Cap Arena

CMICummins Inc.

$78B

Q4 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$8.5B+9.9% YoY

Gross Profit

$2.0B23.4% margin

Operating Income

-$1.2B-14.2% margin

Net Income

-$1.4B-16.8% margin

EPS (Diluted)

$-10.08

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$940M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$32.0B

Total Liabilities

$22.1B

Stockholders' Equity

$8.8B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.5B	$7.8B	+9.9%
Gross Profit	$2.0B	$1.8B	+10.0%
Operating Income	-$1.2B	$802M	-251.1%
Net Income	-$1.4B	$631M	-326.8%

Revenue Segments

Components

$3.2B31%

Engine

$2.8B27%

Distribution

$2.7B27%

Power Systems

$1.4B14%

Accelera

$81M1%

Geographic Segments

UNITED STATES

$4.7B55%

Non-US

$2.5B30%

CHINA

$842M10%

INDIA

$480M6%